Higher financial leverage causes ________ to increase more for a given increase in ________
A) EBIT; sales
B) EPS; sales
C) EPS; EBIT
D) EBIT; EPS
C
You might also like to view...
Double-entry accounting is best characterized as:
a. The number of debit entries posted to the ledger equals the number of credit entries. b. The number of ledger accounts with debit balances is equal to the number with credit balances. c. Every transaction affects both an asset account and either a liability account or a stockholders' equity account. d. The total dollar amount of debit entries posted to the ledger is equal to the dollar amount of the credit entries.
A consignment is treated as a sale or return contract under the UCC
Indicate whether the statement is true or false
Choose the correct word or words in parentheses. Mr. Baxters group develops clinical software
Use the earned value table for Project Makeready to calculate their schedule performance index
Activity 7 14 21 28 35 42 49 Plan % Complete Install fixtures 325 250 575 100% Refinish floors 550 85 635 100% Replace doors 350 275 625 100% Complete tiling 1,200 565 1,765 80% Install back door 875 225 1,100 70% Landscaping 200 350 550 25% Monthly Plan 325 800 435 1,475 1,440 425 350 5,250 Monthly Act 550 550 550 1,100 1,650 550 1,100 A) 1.46 B) 0.68 C) 0.79 D) 1.26